business services

When it comes to procurement, everyone that is in the industry will tell you that it is a hard thing to handle as well as master. However, as the times have changed, the way procurement managers work with the procurement of services have also evolved alongside technology. E-procurement has been around for years now and if you ask anyone directly linked in the business, they will tell you that it’s a very daunting system that takes some time to get used to. E-procurement is not for the faint hearted and e-procurement systems can help your business immensely if you figure out the right way to get it done!

As an aspiring entrepreneur, you might be slightly tied up with resources. Manpower and capital may not be something you get in abundance. But fret not! With technologies and smart solutions in place, there are free resources for you to tap on to efficiently run your start-up!

We have categorized some resources you can tapped on based on categories for easy referencing as shown below:

There are new trends every year that dominate businesses. In order to increase the chances of achieving success, it is important for businesses to adopt the trends. Having a good understanding of these changes will help you progress and thrive in the current market.

Here are five business trends that are most likely to have the largest effect on your organization:

Are you an aspiring entrepreneur who has been thinking of setting up your own business but lack the courage to do so? Perhaps you already have a plan, but there’s a multitude of reasons why entrepreneurship is risky. From the lack of resources, to losing sleep, to possibly ending up in a pile of debts, the inertia to start seems pretty high.

However, there has never been a better time to start your own business than 2017. Here are some reasons to motivate you to take the first steps in starting up your own company.

Are you thinking of moving to a bigger and better office? But now the question is what do you need to do to get there? An office relocation sounds pretty simple to do but there’s a lot of preparation that goes into it and requires a fair bit of organisation to pull off smoothly. So it is important that you are well prepared for the office relocation project, so that disasters like unfurnished offices or unavailable spaces occur. These mishaps could potentially disrupt your company’s function and affect your revenue.

ThunderQuote has put together a simple checklist for you to counter these issues and give you an overview of how your office move is likely to go and all the parties you’d need to work with, including employees, licensing authorities and vendors.

So what are the essential things you need for an office relocation? Here’s a full timeline of what to do and expect!

Procuring services is more than just purchasing products. Most buyers or procurers know that when engaging services vendors, for some reason, it can be a lot more frustrating than buying products. Why is this?

Products are tangible, and can be checked against purchase order requirements, specifications and run through statistical quality checks. But services are non-tangible.

So what is special about procuring services and engaging service providers? This article by e-procurement platform ThunderQuote seeks to provide an objective, third party perspective into your organisation’s service procurement risks and the steps to address them moving forward.

In order for SMEs and startups to see consistent growth in their business, they need to continually improve their own productivity. Many business owners may have a lot of ideas and growth strategies for their own company. However, financial constraints may limit them in growing their business. Which is why in Singapore, the government provides a lot of help to SMEs and startups to increase productivity through several grants. Government Agencies like Spring Singapore and IDA have many schemes available for your businesses. There are also some other external resources available for you to make necessary productivity improvements.

There are many food licenses and permits an owner has to secure before opening his/her own restaurant/café in Singapore. No owner would want to face legal implications from the government because of negligence over simple paperwork. Especially in Singapore where the food safety regulations are extremely strict. Some of the food licenses required for a restaurant and a café overlap each other. We will go further into detail about these licenses in this article.

Congratulations, you are now a restaurant owner in Singapore! However, your restaurant is just one of the many in Singapore’s saturated F&B market. Almost every restaurant is trying to out market each other through various promotional strategies. So how do you stand out from the crowd? There are 5 essential aspects to distinguish your restaurant from the rest.

For any new business, it is important to have a online presence. One of the first steps in marketing your company should be setting up a website. A website could serve as the first contact point between your company and potential customers and it could also keep track of the existing ones.